South Dakota § 13-51A-5 - Interim notes authorized--Purposes.
Full text of South Dakota South Dakota Codified Laws § 13-51A-5 — Interim notes authorized--Purposes., with citation guidance and answers to common questions.
§ 13-51A-5. Interim notes authorized--Purposes.
The board may borrow money and issue interim notes in evidence thereof to perform any of the duties authorized under this chapter, including the payment of expenses to be incurred for planning, architectural, engineering, legal and financial services, the acquisition of a site or sites, and the purchase of fixed equipment. The board may from time to time, and pursuant to appropriate resolution, issue interim notes to evidence such borrowings including interest on such borrowings and all necessary and incidental expenses in connection with any of the purposes provided for by this chapter until the date of the permanent financing.
Source: SL 1971, ch 134, § 4 (D).
Frequently Asked Questions About South Dakota § 13-51A-5
What does South Dakota Codified Laws § 13-51A-5 cover?
Section 13-51A-5 ("Interim notes authorized--Purposes.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 13-51A-5?
A common citation format is "South Dakota Codified Laws § 13-51A-5" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 13-51A-5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.